Dividends: The Board recommended a final dividend of ₹20 per share and a special dividend of ₹8 per share. The total payout ratio over FY20 to FY24 was 85% of Free Cash Flow.
Explore: Infosys Share Price
Extracted from the Condensed Consolidated Balance Sheet as of:
(Unit: ₹ Crore)
As of March 31, 2024 and 2023
Description | March 31, 2024 | March 31, 2023 |
ASSETS Current assets: | ||
Cash and cash equivalents | 14,786 | 12,173 |
Current investments | 12,915 | 6,909 |
Trade receivables | 30,193 | 25,424 |
Unbilled revenue | 12,768 | 15,289 |
Other current assets | 18,770 | 11,086 |
Total current assets | 89,432 | 70,881 |
Non-current assets: | ||
Property, plant & equipment and right-of-use assets | 19,370 | 20,675 |
Goodwill and other intangible assets | 8,700 | 8,997 |
Non-current investments | 11,708 | 12,569 |
Non-current unbilled revenue | 1,780 | 1,449 |
Other non-current assets | 6,824 | 11,245 |
Total non-current assets | 48,382 | 54,935 |
Total assets | 137,814 | 125,816 |
LIABILITIES AND EQUITY Current liabilities: | ||
Trade payables | 3,956 | 3,865 |
Unearned revenue | 7,341 | 7,163 |
Employee benefit obligations | 2,622 | 2,399 |
Other current liabilities and provisions | 24,875 | 25,759 |
Total current liabilities | 38,794 | 39,186 |
Non-current liabilities: | ||
Lease liabilities | 6,400 | 7,057 |
Other non-current liabilities | 4,159 | 3,778 |
Total non-current liabilities | 10,559 | 10,835 |
Total liabilities | 49,353 | 50,021 |
Equity: | ||
Equity attributable to equity holders of the company | 88,116 | 75,407 |
Non-controlling interests | 345 | 388 |
Total equity | 88,461 | 75,795 |
Total liabilities and equity | 137,814 | 125,816 |
Extracted from the Condensed Consolidated Statement of Comprehensive Income:
Read More: Quarterly Result
(Unit: ₹ Crore except per equity share data)
Period Ending | March 31, 2024 | March 31, 2023 | Year Ended March 31, 2024 | Year Ended March 31, 2023 |
Revenues | 37,923 | 37,441 | 153,670 | 146,767 |
Cost of sales | 26,748 | 26,011 | 107,413 | 102,353 |
Gross profit | 11,175 | 11,430 | 46,257 | 44,414 |
Operating expenses: | ||||
Selling and marketing expenses | 1,735 | 1,659 | 6,973 | 6,249 |
Administrative expenses | 1,819 | 1,894 | 7,537 | 7,260 |
Total operating expenses | 3,554 | 3,553 | 14,510 | 13,509 |
Operating profit | 7,621 | 7,877 | 31,747 | 30,905 |
Other income, net | 2,619 | 589 | 4,241 | 2,417 |
Profit before income taxes | 10,240 | 8,466 | 35,988 | 33,322 |
Income tax expense | 2,265 | 2,332 | 9,740 | 9,214 |
Net profit (before minority interest) | 7,975 | 6,134 | 26,248 | 24,108 |
Net profit (after minority interest) | 7,969 | 6,128 | 26,233 | 24,095 |
Infosys Limited is a global leader in next-generation digital services and consulting. Founded in 1981 by N. R. Narayana Murthy and six other engineers in Pune, India, Infosys have grown to become one of the most prominent IT companies worldwide. The company is headquartered in Bangalore, India, and serves clients across various industries by helping them navigate their digital transformation journeys.
Infosys offers a wide range of services and solutions in areas such as IT consulting, technology and engineering services, and outsourcing. The company specialises in software development, maintenance, independent validation services to companies in finance, insurance, manufacturing, and other domains. Additionally, Infosys has made significant strides in emerging technologies like artificial intelligence, blockchain, cloud computing, and big data analytics.
At the heart of Infosys's success is its commitment to innovation. The company operates numerous innovation centres and digital studios around the globe. These centres focus on developing cutting-edge solutions that leverage next-generation technologies to solve complex business challenges. Infosys's AI-powered core, which harnesses automation, analytics, and machine learning, is pivotal in delivering enhanced efficiency and effectiveness in its offerings. Infosys is also known for its strong emphasis on sustainability and social responsibility. The company endeavours to make a positive impact on the communities where it operates through various initiatives focused on education, healthcare, and environment. Infosys's commitment to environmental sustainability is evident in its pledge to become carbon neutral, focusing on energy efficiency, renewable energy, and green building practices.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For All Disclaimers Click Here: https://bit.ly/3Tcsfuc
Share this article:
Commodities Market Today | May 02, 2024
02 May, 2024 | 2 Min. read
Gold Rate Today | City-Wise Gold Rate | May 02, 2024
02 May, 2024 | 2 Min. read
Share Market Update | May 02, 2024
02 May, 2024 | 5 Min. read
Jindal Stainless Announces ₹5,400 Crore Plan for Expansion
02 May, 2024 | 2 Min. read
YES Bank and ANQ Launch Pi and Phi Co-Branded Credit Cards
02 May, 2024 | 2 Min. read
Indian Oil Corp Q4 Results: Profits drop, IOC commits to growth
02 May, 2024 | 4 Min. read
Ambuja Cements Q4 Results: EBITDA up 37% YoY at ₹1,699 Crore
02 May, 2024 | 4 Min. read
Adani Power Q4 Results: Q4 FY24 Continuing Revenue Grows 29% YoY, PAT Down 48%
02 May, 2024 | 4 Min. read
Coal India Reports 7.3% Surge in Coal Production for April
02 May, 2024 | 2 Min. read
Upcoming Q4 Results Today
02 May, 2024 | 4 Min. read
Slone Infosystems IPO: Price, Lot Size, Strengths and Risks
02 May, 2024 | 5 Min. read
Winsol Engineers IPO: Price, Lot Size, Strengths and Risks
02 May, 2024 | 5 Min. read
Analysis to Become a Pro Investor
28 Dec, 2023 | 4 Min. read
Women In Real Estate Investing (Investree)
28 Dec, 2023 | 5 Min. read
How To Check Prudent Corporate Advisory IPO Allotment Status
27 Dec, 2023 | 3 Min. read
How To Boost Credit Score? – Steps to Improve Creditworthiness
27 Dec, 2023 | 4 Min. read
Advantages and Disadvantages of Opening Multiple Demat Accounts
26 Dec, 2023 | 4 Min. read
7th CPC LTC: Leave Travel Concession Rules for Central Government Employees
26 Dec, 2023 | 4 Min. read
7th Pay Commission: House Building Advance (HBA) Interest Rate FY 2023-24
26 Dec, 2023 | 5 Min. read
The Future of Trading: Exploring Bajaj Broking’s Demat Features
26 Dec, 2023 | 6 Min. read
7th Central Pay Commission Cpc Fitment Table
23 Dec, 2023 | 7 Min. read
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading